Current Location: Homepage >  Policy Release >  Policy  >  Text
Announcement No.71, 2007 of Ministry of Commerce, General Administration of Customs and China Bank Regulatory Commission on Announcement of Payment of Account Deposit
Tuesday,September 11,2007 Posted: 09:44 BJT(0144 GMT)
  From:CAITEC    Article type:Original

In accordance with regulations of Announcement No.44, 2007 of Ministry of Commerce and General Administration of Customs, the eastern areas carry out bank deposit firm transferring administration when undertaking processing trade of restricted commodity. Upon approval of State Council, the payment of account deposit is now announced as follows:

Processing trade enterprises may pay account by various means such as deposit by cash and certified payment guarantee. Specific operations are subject to the current related regulations. Banks shall strictly examine the credit of enterprises when handing the transaction, and effective implement measures on risks and management and control.

Ministry of Commerce
General Administration of Customs
China Bank Regulatory Commission

Sep 5, 2007

(All information published in this website is authentic in Chinese. English is provided for reference only. )

Big Medium-sized Small】 【Print】 【Transmit】 【E-mail

All articles marked with "Article type: Original" posted on the website of the Ministry of Commerce and its sub-sites are copyrighted by this Website and its sub-sites. Any reproduction or use by any other websites, media or individuals must be attached with a clear indication of "Source: Ministry of Commerce Website".

All articles posted on this website or its sub-sites marked with "Article type: reproduced" or "Article type: translated" and "Article type: redistributed" come from other media, and are provided solely for the user's information, which does not mean this Website or its sub-sites endorse the ideas thereof or assume any legal liability or responsibility for their authenticity. Any other media, websites or individuals must maintain the source of information indication on this Website or its sub-sites when using the information, and shall assume legal liability for the use.

  Release Comment: Pen Name: View Comment